Known debt is subtracted from assets to get a final estimate of an individual's estimated worth in United States dollars. Privately held companies are priced by the prevailing price-to-sales or price-to-earnings ratios. For example, the 2022 ranking relies on the stock prices and exchange rates as of March 11, 2022. Positions in a publicly-traded stock are priced to market on a date roughly a month before publication. Interviews are conducted to vet the figures and improve the estimate of an individual's holdings. The net worth is estimated based on individuals' assets, such as stakes in public and private companies, yachts, art, and real estate. The reporters arrange interviews with the candidates, interview the employees, attorneys, and securities analysts, and keep track of candidates' deals. As was reported by Forbes in 2012, the World's Billionaires ranking is compiled based on the data provided by more than 50 reporters working in 16 countries throughout the year.
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